Creditors reconciliations - Study guides, Study notes & Summaries
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Grade 11 Accounting - Creditors reconciliations
- Summary • 7 pages • 2023
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I am really passionate about accounting. 
These notes will really help you to understand the theory behind the work that you are doing. It will enable you to see the bigger picture, and surely improve your grades. 
 
Happy studying!
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AUI3702 The Internal Audit Process: Test Of Controls EXAM PACK 2021.
- Exam (elaborations) • 170 pages • 2022
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AUI3702 The Internal Audit Process: Test Of Controls EXAM PACK 2021. AUI3702 EXAM PACK 
QUESTION 1 
MCQ 
1-D 
2-A 
3-A 
4-C 
5-D 
6-D 
7-D 
8-B 
9-C 
10-B 
QUESTION 2 
2.1. 
Weaknesses Controls 
Overtime hours are not approved by 
section head of supervisors and 
employees work overtime as the feel. 
Having to work overtime should be 
approved by the section head or the 
supervisors 
The security personal who mans the 
entrance is only in place during busy 
Security personnel should be present a...
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LAW 531 ACTUAL FINAL EXAM
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LAW 531 ACTUAL FINAL EXAM 
1)	Which of the following is a distinguishing feature of a common law legal system? 
 
A.	Requiring guilt be proven beyond a reasonable doubt 
 
B.	The sole source of law is a comprehensive civil code 
 
C.	An appeal process 
 
D.	The making of law by the judges and the following of precedent 
 
 
 
2)	Which best describes the types of agency authority held by officers of a corporation? 
 
A.	Vicarious authority 
 
B.	Express and obvious authority 
 
C.	Implied and app...
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Payroll Fundamentals 2 Exam 150 Questions with Verified Answers,100% CORRECT
- Exam (elaborations) • 12 pages • 2024
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Payroll Fundamentals 2 Exam 150 Questions with Verified Answers 
 
The accounting equation states: - CORRECT ANSWER Assets = Liabilities + Owners Equity 
 
Owner's Equity has two components: - CORRECT ANSWER Owner's Equity = Contributed Capital + Retained Earnings 
 
Contributed Capital - CORRECT ANSWER The amount of payments in cash or assets that the owners have made to the company 
 
The accounting equation can be expanded to: - CORRECT ANSWER Assets = Liabilties + Contributed Capital + Ret...
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Grade 12 creditors reconciliations
- Presentation • 22 pages • 2022
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Fundamentals of creditors reconciliations for grade 12 learners
Make study stress less painful
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FPC Exam Fundamental Payroll 143 Questions with Verified Answers,100% CORRECT
- Exam (elaborations) • 14 pages • 2024
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FPC Exam Fundamental Payroll 143 Questions with Verified Answers 
 
668-W - CORRECT ANSWER Notice of Levy on Wages, Salary, and Other Income 
 
1096 - CORRECT ANSWER Annual Summary and Transmittal of U.S. Information Returns 
 
Under the FLSA how old must a minor be to be employed? - CORRECT ANSWER 14 
 
What is the FUTA tax rate? - CORRECT ANSWER 6.0% 
 
On form 941, the employer reports - CORRECT ANSWER Social Security Wages 
 
What is the formula for calculating an employees net pay? - CORREC...
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ACCTG 471 - Exam #1 with correct 100% answers 2024.
- Exam (elaborations) • 24 pages • 2024
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Assets - answer--Cash 
-A/R 
-Securities 
-Inventory 
-PP&E 
 
*Normal Balance is a DEBIT (Debits increase asset accounts) 
 
Liabilities - answer--A/P 
-Wages Payable 
-Notes Payable 
-Pension Obligations 
 
*Normal Balance is a CREDIT (Credits increase liabilities) 
 
Equity - answer-1. Paid-in Capital 
2. Retained Earnings 
 
*Normal Balance is a CREDIT (Credits increase equity) 
 
-A debit to the equity account is an increased expense 
 
-A credit to the equity account is an increase in ret...
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Payroll Fundamentals 2 Exam 150 Questions with Verified Answers,100% CORRECT
- Exam (elaborations) • 12 pages • 2024
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Payroll Fundamentals 2 Exam 150 Questions with Verified Answers 
 
The accounting equation states: - CORRECT ANSWER Assets = Liabilities + Owners Equity 
 
Owner's Equity has two components: - CORRECT ANSWER Owner's Equity = Contributed Capital + Retained Earnings 
 
Contributed Capital - CORRECT ANSWER The amount of payments in cash or assets that the owners have made to the company 
 
The accounting equation can be expanded to: - CORRECT ANSWER Assets = Liabilties + Contributed Capital + Ret...
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Aue3702 exam pack solutions AND explained NOTES
- Exam (elaborations) • 151 pages • 2021
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Aue3702 exam pack 
solutions 
AND 
explained NOTES. 
QUESTION 2 41 marks 
Librarians Ltd's (Librarians) main business involves the sale of books to various book stores all over 
South Africa. You are the audit senior in charge of the audit for the year ended 31 December 2015. 
Sales 
Librarians uses an automated sales system. Based on your identification and assessment of risk in 
the planning stage of the audit of Librarians, you decided to use a combination of tests of details and 
substantiv...
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Auditing Chapter 6, 7, ACCT 408 Exam #2 with 1005 correct answers 2024.
- Exam (elaborations) • 38 pages • 2024
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7.33 
 
Revenues are normally considered to have been earned when 
 
a. All possibility of return has expired 
 
b. The company has substantially accomplished what it must to be entitled to the benefits. 
 
c. The cash is collected. 
 
d. Goods have been shipped. - answer-b. Correct The earning process is complete at this point. 
 
7.34 
 
Sales are normally recorded on the date of the 
 
a. Customer purchase order. 
 
b. Bill of lading. 
 
c. Sales invoice. 
 
d. Payment check - answer-c. Corr...
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